Gray Davis Quotes
Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.
Davis, Gray. Interview. Frontline: Blackout, PBS, 5 June 2001.
Brandeis was U. S. Supreme Court Justice Louis D. Brandeis, 1856-1941, who wrote that competition would control prices if only healthy competition could be maintained—the problem was resolved by both increasing competition and much more stringent regulation of corporations.
Manava Dharma Shastra. Ancient Hindu India had what may well have been the most regulated mercantile economy of any society in history. All prices for all goods were to be set by the king. In order to prevent the stultifying effect of price controls, the Hindus required that the prices be reset very frequently to reflect various market conditions. It was a highly regulated form of capitalism. This text is a part of the Hindu Holy Texts. Hindus believe that Manu was a prophet whose text is revealed or inspired.
California deregulated it’s electrical utilities who sold their generating capacity to others. As power consumption grew, there was not enough generating capacity in California and the state had to buy on the open market where they were gouged. The cost of electricity soared by 450 percent in the first year alone.
The Black Plague, which raged in Europe from 1347 to 1349, had left relatively few able bodied people alive. Given this shortage of labor there was a rapid inflation, especially to the distress of the landed class who had to pay much more for their food. The king therefore established what amounted to price controls, wage controls and forces labor. See {611125} and {611126}
This is a very interesting quotation in that right wing parties are usually opposed to any kind of Government ownership and control of business and industry. However, Fascist parties have usually wanted to commandeer business and industry for the central purposes of the dictatorial state. The French National Front Party had its roots in the WWII French Vichy Government—which was allied with the Nazis to bring Fascism and racism to France.
She was then the European Commissioner for Competition
Joseph Graham "Gray" Davis Jr. is an American former attorney and politician who served as the 37th governor of California from 1999 to 2003. In 2003, only a few months into his second term, Davis was recalled and removed from office, the second state governor successfully recalled in U.S. history. Prior to serving as governor, Davis was chief of staff to Governor Jerry Brown (1975–81), a California State Assemblyman (1983–87), California State Controller (1987–95) and the 44th lieutenant governor of California (1995–99). Davis holds a B.A. in history from Stanford University and a J.D. from Columbia Law School. He was awarded a Bronze Star for his service as a captain in the Vietnam War.
